PNOR501(c)(7) · MEDIUMNAICS 713910EIN 56-1750141

Porters Neck Country Club Inc

Wilmington, NC · founded 2010
9 filings on recordFY 20112019medium confidence
FY19 Total Revenue
$1.78M
▼ 56.6% YoY
FY19 Total Expenses
$6.55M
▲ 19.8% YoY
Operating Margin
-268.3%
revenue minus expenses ÷ revenue
Employees
headcount as reported on filing

The Five-Year Picture

FY2015 — FY2019 · as filed
Revenue
$1.8M
▼ 60.4% / 5y
4.54.54.84.11.8
Expenses
$6.6M
▲ 50.9% / 5y
4.34.74.75.56.6
Total Assets
$6.5M
▼ 40.3% / 5y
10.910.310.714.06.5
Total Liabilities
$4.9M
▲ 54.5% / 5y
3.22.92.97.14.9

Year-on-year detail

from IRS Form 990
LineFY15FY16FY17FY18FY19Δ total
Revenue$4.5M$4.5M$4.8M$4.1M$1.8M-60.4%
Expenses$4.3M$4.7M$4.7M$5.5M$6.6M+50.9%
Net surplus$148K-$250K$33K-$1.4M-$4.8M-3326.3%
Total assets$10.9M$10.3M$10.7M$14.0M$6.5M-40.3%
Total liabilities$3.2M$2.9M$2.9M$7.1M$4.9M+54.5%
Net assets$7.8M$7.4M$7.9M$6.9M$1.6M-79.2%

Officer & staff compensation

FY19 · from IRS Form 990
Current officers & key employees$0
Other salaries & wages$2,126,750
Payroll taxes$156,008

Figures above are club-wide totals from the IRS filing. Per-person detail becomes available once IRS XML is processed for this year.

PFounded in 2010, Porters Neck Country Club Inc reported $1.78M of revenue for FY19, at an operating margin of -268.3%. Revenue moved down 56.6% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2019 · period ending Tue Dec 31 2019 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2018 · period ending Mon Dec 31 2018 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2017 · period ending Sun Dec 31 2017 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 6 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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